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TikTok Sale to Investor Group Finalized, Averting US Ban
Published: 2026/01/27 02:30:22
ByteDance, the parent company of the popular short-form video platform TikTok, has completed a $14 billion deal to sell its US operations to a consortium of investors backed by Donald Trump. This agreement effectively resolves long-standing national security concerns that threatened a potential ban of the app within the United states.
The Road to a Deal
The sale culminates years of scrutiny and political pressure surrounding TikTok’s ownership. Successive US administrations have voiced concerns over the potential for ByteDance, as a Chinese-owned entity, to be compelled to share user data with the Chinese government – a risk that could compromise the privacy of millions of American users. TikTok consistently denied these allegations, asserting its commitment to data security and user privacy. Though, investigations, including one by the Wall Street Journal WSJ, revealed instances of “unofficial” data sharing, fueling concerns.
The initial push for a sale came during the Trump management, with executive orders attempting to force ByteDance to divest tiktok. While these efforts faced legal challenges, the Biden administration continued
